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<br />. __„_74884 STATE JOURNAI.COMPANY LINCOLN NEB
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<br /> '� STA'�E OF NEBRASKA) On this 26th day of February, 1930 , before me, a Notary Public , duly
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<br /> � HALL C4UNTY � eommiasioned and qualified for and residing in said county per�onally
<br /> �iappeared �illiam H. Senseney ,Emma E.Boroff and J.t7. Boroff ,her husband, to me personally known
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<br /> ;Ito be the identical persons whose na�mes are affixed to the above instrument and they severally
<br /> i� acknowledged the same to be their voluntary act and deed for the purpose therein expxessed.
<br /> � ,` IN WITNESS WHEREOF, I have hereunto subscribed my name and affixed my official seal at C3rand
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<br /> � �; Island, in said flounty, on the da,�'e l�,st above written.
<br /> � Harold A.Prince
<br /> ��; � � �� ( SEAL) Notary Publio �
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<br /> �� My Cammission expires March 15, 1.932• ,
<br /> i�; Filed for record this 26th day af February , 1930, at 1I:00 o' clock A.�. �
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<br /> ;� egieter o ee s
<br /> ;; o-o-o-o-ao-o-o-o-o-o-o-o-aao-�-�-�-o-o-o-o-o-o-o-o-�-c�-�-�-o-o-o-ao-o-o-o-o-o-o-ao-ao-o-
<br /> �� AGREE�ENT E�ERCI�ING OPTION AND EXTEl�DING LEASE.
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<br />� �� THIS AGREE�dENT entered into in dupl.icate this 14th day of Februa.ry,1930, by and b�tween Emil
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<br /> jl F.R ickert , Party o f the Fir st Part , and THE INDEPENDENT OIL & GAS CO�PANY, a Nebraska corporat
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<br /> '� ion ( formerly "danhattan Oil Company) Party of the �econd Part, �PITNESSETH:
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<br /> �� �'HEREAS, an the 13th day of September ,lgl9, there was entered into and executed between the �
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<br /> ' parties, Fmil F.Rickext and the �a.nhattan Oil �ompany of Nebraska, one certain real estate
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<br /> !; leas� on the follawing described property: Forty-four (44) feet out of the 9outhweet corner
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<br /> �; of Lot 5, Block 30, of the City of Gxand Island, Nebraska, makin� a Forty-fovs (�) foot front
<br /> i' '�� age on Pine Street and a forty-four (4�-} foot frontage on Fourth street.
<br /> j which said lease �ras recorded in the 9Qiscellsneous Records of Hall County, Nebraska, Book N
<br /> ij at pa�� 453 , an the 26th day of S�ptember, 1919; and �trHEREAS, eince �he execution of the orig-
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<br /> �: inal l�ase above set forth, by an am�endment to the Ar�ic�les o� Incorporation of the I�anhattan
<br /> �i Oil Company, of Nebraska, its corporate 3�ame was changed �o Independent Oil & Gas Company, sai
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<br /> ,i amend�ent having been m�.de in the year 1929; and �VHEREA3, by virtus of a supplemental agreemen
<br /> �; entered into in writin� and for a valuable coneideration, on �Qarch 1,1920 the party of the
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<br /> � first party advanced and extended the said ten-year term of $aid above deecribed. lease so ae
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<br /> to run from March 1,1920 for a ten yeax period, or to March 1,1930; and �PHEREA9, by the term�
<br /> �; of said lease above described it wae provided ae follov�s:
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<br /> �� " It is further agreed, that the party of the second part is to h�ve an option on an additiona
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<br /> ! five year lease at the close of the ten years, rental conaideration to be based on 6°� of the
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<br />� ;; appraised value of said property at that time. If parties of the first and second part cannot
<br /> i reach an agreement on an appraism�t; they will each pick a disinterested party and the two
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<br /> ;! to piek the third party to :�iake the appraisal and the parties of the first and second party
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<br /> �j are to accept the finding of the appraisers. " and
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<br /> � F 1 cord c with s id 1 st bov uo d rovision th
<br /> �NHEREAS on or about ebruary 1 19 0, in ac an e a a a e q te p
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<br /> rt of the first rt and the art of the second art obtained an a raisal on said remis
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<br /> i herein above described, and the said appraised va].ue of same bein� �15,�00. 00, and party of th
<br /> ti first art and art of the second part do hereby agres to said appraisal and aecept same as e
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<br /> P P Y
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<br /> = b�si� for a f ive year extension of this lease; and VPFiEREAS, Party of the second part does
<br /> �, hereby and has heretofore exercised its�ption to rener� said lease for an additional five yea
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<br /> term from �arch 1,1930, to �a,rch 1,1935, a.nd party of the fixst part accepts said declaration,
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<br /> and a�rees �ith party of the second part that it has now exercised its option in accordance
<br /> with the optional a�reement referred to and quoted above. �
<br /> ` N0� THEREFORE, in and for the consideration of the sum of �1. 00, receipt of which is hereby
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<br /> � acknowledged, the mutual covenants and agreements of the parties hereto, and the consideratio �a
<br /> � recited in the original lease of september 13,2919, hereinbefore referred to, and the conside
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